Central Bank of India RTGS Form | Download & Updated Guide

Key Takeaways
 

1. The Central Bank of India RTGS form allows customers to make secure, high-value fund transfers both online and offline with ease.
    
2. RTGS transactions can be done 24×7 online, while branch transactions follow specific banking hours on working days.
    
3. The bank encourages digital transactions by offering low or zero charges for online NEFT and RTGS transfers.

Bonus Point: RBI has suggested adding a name check feature in RTGS and NEFT systems. It will help people confirm the beneficiary’s name before sending money, reducing mistakes and wrong transfers to incorrect accounts.

 Sending a large payment can feel stressful, especially when you need it to reach instantly and safely. The Central Bank of India RTGS form makes this process simple, clear, and smooth for anyone handling high-value transfers.

The Central Bank of India RTGS form is a document used to process Real-Time Gross Settlement transfers, where money moves immediately and securely. Think of it like an express highway for funds, no traffic, no delays, just direct and fast movement to the destination.

Last month, I had to send a high-value payment urgently, and using the Central Bank of India RTGS form made everything surprisingly easy. I filled in the details, submitted it online, and the amount reached the receiver instantly without any confusion or waiting.

What is the Central Bank of India RTGS form?

The Central Bank of India RTGS form is used for transferring funds offline through the Real-Time Gross Settlement (RTGS) system. It requires details such as the remitter’s and beneficiary’s account numbers, IFSC code, and transfer amount. Customers can easily download the RTGS form from the official Central Bank of India website or other trusted platforms providing bank forms for convenient fund transfers.

How To Download the Central Bank of India RTGS form?

If you prefer to make an offline RTGS transaction, you can easily download the Central Bank of India RTGS form by following these simple steps:
 

1. Go to the Central Bank of India’s official website: Visit the bank’s homepage using the official URL to ensure safety.
    
2. Navigate to the ‘Downloads’ section: Many times, RTGS and NEFT forms are listed separately in these menus.
    
3. Look for the RTGS/NEFT form link: Different pages may display the forms differently, so check carefully.
    
4. Click on the download icon on the RTGS form page: You’ll usually find the download icon in the top-right corner.
    
5.  

Once downloaded, you can print the form, fill in the required details, and submit it at your nearest Central Bank of India branch to complete your RTGS transaction.

How To Fill the Central Bank of India RTGS form?

If you wish to make a high-value transfer through RTGS at the Central Bank of India, you’ll need to fill out the RTGS form carefully to ensure a smooth and error-free transaction. Follow the steps below to complete the process correctly:

Step 1: Get the form
Obtain the RTGS form from your nearest Central Bank of India branch or download it from the official website.

Step 2: Fill in your details

• Date and Branch Name: Mention the current date and your bank branch name.
• Applicant/Remitter Details:
  • Your Name: Enter your full name.
  • Account Number: Provide the account number from which the funds will be transferred.
  • Type of Account: Specify the account type, such as Savings (HSS) or Current (CD).
  • Customer ID: Mention your Customer ID, if available.

Step 3: Fill in the beneficiary’s details

• Beneficiary Name: Write the full name of the person or organisation receiving the funds.
• Beneficiary Account Number: Enter the correct account number. Double-check this to avoid transfer errors.
• Beneficiary Bank and Branch: Mention the name and address of the beneficiary’s bank and branch.
• IFSC Code: Provide the beneficiary bank’s IFSC code to ensure accurate routing of funds.

Step 4: Specify the transfer amount

• Amount in Figures: Write the exact amount you wish to transfer in numbers.
• Amount in Words: Repeat the same amount in words for verification purposes.

Step 5: Sign and submit the form

• Sign: Sign in the designated area to authorise the transaction.
• Submit: Submit the completed form at the bank counter along with a cheque or cash (as applicable).

Step 6: Keep confirmation
Once the transaction is processed, the bank will give you a confirmation slip containing the transaction reference number. Keep this slip safely as proof of the RTGS transfer.

By following these steps carefully, you can complete your RTGS transaction securely and ensure that the funds are credited promptly to the beneficiary’s account.

Required Documents for the Central Bank of India RTGS form?

When filling out the Central Bank of India RTGS form, you don’t need to attach any extra documents. However, it’s very important to enter all the required details correctly to ensure your transaction is processed smoothly and without delay.

Remitter’s Information:

• Your full name and the account number from which the amount will be debited.
• The IFSC code of your bank branch.
• Your contact number and customer ID, if applicable.

Beneficiary’s Information:

• The full name of the beneficiary (individual or organisation).
• The beneficiary’s account number.
• The name and branch of the beneficiary’s bank.
• The beneficiary bank’s IFSC code.

Transaction Details:

• The exact amount to be transferred.
• The purpose or reason for the fund transfer.

Once you have entered all these details, review the form carefully, sign it, and submit it at the bank counter. This ensures the transaction is processed efficiently and credited to the correct beneficiary account.

Central Bank of India RTGS Charges

The Central Bank of India has set specific NEFT and RTGS charges based on the mode of transaction and transfer amount. These charges vary for branch-based and digital transactions, ensuring flexibility and affordability for customers.

RTGS Charges (Branch Interface)  Effective from 01/07/2019
 

Amount Slab

Charges (₹)

Inward

All transactions

Nil

Outward

Up to ₹10,000

₹2.50